Auto Warranty Companies Fight For Your Business

car warranty - The realm of auto warranty companies is really a fiercely competitive one. You will find a limited number of cars on the streets - granted, there are many them, and all of them, at one point or still, has or had a warranty - but with the large number of companies fighting for your business of these drivers, it indicates that each car owner is the target of some very hungry sales reps.

This is definitely a daunting position to stay in for a car owner. Whether you are investing in a new car from a dealership, or investing in a second hand car, you will have people promoting you their warranty services.

Within the dealership, you may run into a pushy sales representative that will try everything they can to get you to sign on for an extended warranty whenever you help make your initial purchase. There are advantages to buying at that time, including getting the costs of the warranty rolled up to the financing for your car, and knowing that your dealership will continue being the spot to possess any repairs or replacements done. However these comforts could end up costing you hundreds or 1000s of dollars over time. Sales people make very large commissions on warranties, so they're eager to help you get to sign up for one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you should pay more up-front with those third-party companies, as opposed to adding a little number for your monthly car payment bills. However it could very well save you money.

But simply as not all the car sales person has gone out to rip you off, not all third-party providers are great guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the conditions and terms of the warranties they offer. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to get you as being a client, so use that to your advantage. Compare costs, take a look at each of the terms of the warranties offered, and tell the businesses you speak with “hey, cause me to the best offer.” If they can't, someone else will.